Origin: Nigeria; Price: Discount $10; Delivery Terms: CIF ; Supplier: NNPC; Payment: MT799 BLOCK FUND or MT760 SBLC OR MT700 DLC;
Supplier: Nigeria bonny light crude oil (blco)
Services: Consultancy, brokerage and marketing of crude oil and other petroleum products
Buyer: Ago automotive gas oil
We are NNPCS official allocation holder, offer real CIF or FOB bonny light crude oil direct from NNPC We sell bonny light crude oil at off OPEC price and we will offer all commission for the buyer side because we are the seller, no any seller side agent Pls contact me, and I will offer my company BLCO proposal to you (including proof of product and SOP) Minimum order:2 Million barrel/vessel WHAT IS BONNY LIGHT CRUDE OIL OR BLCO Bonny Light Crude Oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of Bonny. The very low sulfur content of Bonny Light crude makes it a highly desired grade for its low corrosiveness to refinery infrastructure and the lower environmental impact of its byproducts in refinery effluent.
Bonny Light Crude Oil (BLCO) Min 35.0 Max 37.0 (+/-5%) Maximum Quantity: 2,000,000 Barrels per Month Price: Gross USD $89.00BBL - $85.00 CIF FOB TTO Negotiated per SPA. TERMS OF NEGOTIATION ORIGIN: FEDERAL REPUBLIC OF NIGERIA INCOTERMS: CIF/FOB/TTO LOADING TERMINAL: GULF OF GUINEA / FORCADOS PAYMENT TERMS: SBLC-MT760, MT103 PERFORMANCE BOND: 2% PB CONTRACT TERM: 12 MONTHS MINIMUM (WITH ROLLS AND EXTENSIONS) INSPECTION: SGS, CIQ OR SIMILAR COMMISSION: STRUCTURED NCNDA/IMFPA FOB ROTTERDAM TANK TAKEOVER (SELLER TANK EXTENSION) 1. Buyer sends ICPO in line with seller working procedures 2. Seller issues Commercial Invoice (C.I.), Buyer Signs within 24 hours and returns to Seller Within its validity. 3. Upon receipt and review of the signed C.I., Seller sends to the buyer detailed information of Tank Storage facility where the product is stored for buyer to contact and extend the tank for at least a minimum of three (3) days. 4. Upon confirmation of Buyer's tank tension from seller's tank farm, Seller submits to by an Unconditional Dip Test Authorization (UDTA) along with the below full POP documents: - SGS report, Pre- Injection Report, Commitment Letter to Supply Authorization to sell & collect. 5. Buyer appoints their testing teams SGS or Equivalent to vessel. dip test in seller tank before injection to the buyer's vessel or conduct test upon injection completion into the buyer's vessel to ascertain the Quality and Quantity injected to the vessel. 6. Upon successful completion into buyers tanker, Seller issues payment invoice for Buyer to pay for the product value 7. Seller issues Tittle ownership documents to buyer upon confirmation of buyer payment. NCNDA/IMFPA sign and seal by all intermediaries connected in the transaction. 8. Seller within 24 hours upon receipt of the buyer's payment pays commission to all intermediaries involved in the transaction.
Specifications: Origin: Nigeria Nnpc Specific Gravity: 0.8398. Api At 60 Deg. F: min 35.0 - Max 37.00 +/- 5% (astm D-1298). Water Content By Distillation: 0.2% (astm D-4006). Pour Point Degrees F: below 40 (astm D-97). Sulfur Weight %: 0.14 (astm D-139). Salt Content Parts Per Billion: 3.0 (astm D-526). Reid Vapor Pressure (p.s.i.g.): 6.52 (astm D-529). Kinematic Viscosity @ 30 Deg. C: 2.2 (astm D-523). Initial Boiling Pt. (ibp): 35 Deg. C (astm D-86). Distill To 75 Deg. C Vol.%: 7.0. Distill To 175 Deg. C Vol.%: 35.5 Distill To 300 Deg. C Vol%: 60.5 Colour brown.
CIF PROCEDURE: BRENT PLATT DISCOUNT: US$8.00 Gross: US$4.00 Net: BELOW BRENT PLATT PRICE. US$4.00 Commission [US$2.00 for Buyer Agents & US$2.00 for Seller Agents - Closed] Buyer sends Letter of Intent [LOI] addressed to the Seller. Seller and Buyer sign and seal Sales/Purchase Agreement and copies sent to both parties bankers, the electronically signed copy considered legally binding and enforceable in international arbitration laws. Buyer's Corresponding bank via MT199 Pre-advice Seller's financier's bank and states its readiness, willingness and ability to swift an operative MT760 SBLC to seller's bank. Also request the seller's bank to confirm to it via MT199 its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to it. Seller's bank shall confirm via MT199 Pre-advice to Buyer's bank its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to Buyer's bank. Buyer's Bank shall swift an operative MT760 SBLC for total cargo to Seller financier's bank in Seller financier's acceptable Verbiage
Bonny Light Crude Oil - BLCO (Nigeria) international export standard. Quantity: 2m - 4m barrels per month x 12 consecutive months, R&E. Brent Discount. Payment: SBLC. FOB, CIF. Please contact for more information.
Bonny light crude 1.Product: nigeria bonny light crude oil (blco) 2.Origin: nigeria 3.Quality: nnpc standard export grade. Specification gravity (api)=35.7 Density at degrees cg-cm max=0.45 Sulphur content wt, pct, max=0.14 Colour =Dark brown Salinity ptb @ 10% bsw=47 max Acid number=0.49 Reid vapour=6.25max Water and sediment content=0.2% Pct max=1.0 Iron wt, ppm =1.0 Vanadium wt, ppm=2.0 Nickel wt, ppm=4.04 Quantity: (6, 000, 000m bbls) six million barrels monthly shipment +/-10% for twelve (12) calendar months with possible extension if buyer chooses. 5.Pricing: price per barrel to seller, is fixed at $8.00/bb; (usd) bellow brent. This price jointly agreed by seller and buyer, and it is binding on this transaction, which net discount of $4.00/bb (usd) to the buyer and $1.50/bb1 (usd) to buyerµs agent/ brokers, $1.50/bb1 (usd) sellerµs agent/ brokers and $1.00(usd) to consultant/financier Net discount =$4.00 to the buyer Buyerµs agent =$1.00 Sellerµs agent =$1.00 (closed) Buyerµs fac.=$0.50 Sellerµs fac=$0.50 (closed) Consultant = $1.00 (closed) (6, 000, 000m bbls) six million barrels monthly shipment +/-10% for twelve (12) calendar months with possible extension if buyer chooses.
Minimum Order Size : 2 million Barrels shipped monthly on a 12 month contract. Renewable after 12 months we only deal with buyers directly and on SBLC. We can ship any amount over 2 million barrels T/T
